Franchise Businesses Market: ZIP 19031
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 19031 is an urban area. with a population of 5,166 and household incomes well above the national median ($143,323).
Area Profile
5,166
Population
$143,323
Median Income
+92% vs. national
Urban
Area Type
Median Age: 48.7 —
older demographic, may prefer sit-down options.
College-Educated: 45.3% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 19031.
4
Business Consultants
7.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,080
2BR Fair Market Rent
$1,377
Median Gross Rent
$520 K
Median Home Value
5
Bank Branches
$620 K deposits
Tips for Starting a Franchise Business in Pennsylvania
- Franchise fees range from $10K to $100K+ depending on the brand. That's before buildout, equipment, or working capital. Read the FDD (Franchise Disclosure Document) line by line.
- Royalties run 4-8% of gross revenue. Every month. Forever. That's gross, not net. Factor this into your break-even math from day one.
- Talk to at least 10 existing franchisees before signing. The FDD lists every current and former franchisee. Call the ones who left. They'll be honest.
- Territory protection matters. Some franchises let other franchisees open 2 miles away. Verify your exclusive territory in writing.
- The median income here is $143,323. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
- Bank Branches
- 5
vs. National Average
Median Income
+92% vs. $74,580
Nearby Markets
19034
1.8 mi
Pop: 7,084
$164,531
Walk: 10.4
19075
2.0 mi
Pop: 7,779
$117,356
Walk: 10.2
19118
2.4 mi
Pop: 10,231
$105,667
Walk: 16.0
19444
2.9 mi
Pop: 11,070
$153,647
Walk: 12.4
19038
3.3 mi
Pop: 32,157
$113,464
Walk: 12.9
19150
4.0 mi
Pop: 23,582
$61,257
Walk: 14.1
19128
4.1 mi
Pop: 37,018
$89,639
Walk: 14.4
19119
4.2 mi
Pop: 28,566
$81,609
Walk: 14.0
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits